Terry Gou

Founder and chairman of Foxconn

Person

Terry Gou is a Taiwanese tycoon who is the founder and chairman of Foxconn, the world’s largest contract manufacturer of electronics, with factories in several countries, mostly in mainland China where it employs 1.2 million people and is its largest private employer and exporter.

Company

Terry Gou founded Hon Hai in Taiwan in 1974 with $7,500 in startup money and ten elderly workers, making plastic parts for television sets in a rented shed in Tucheng, a suburb of Taipei. A turning point came in 1980 when he received an order from Atari to make the console joystick. He further expanded his business in the 1980s by embarking on an 11-month trip across the US in search of customers. As an aggressive salesman, Gou broke in uninvited into many companies and was able to get additional orders, despite having security called on him multiple times.

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